Day Trading pick criteria

One possible day trading pick criteria

1. large company (More than $1Billion in Market Capitalization)
2. Large volume trading of stock - Liquidity
3. high inter-day stock price volatility with stability in long term fluctuations (More than $0.10 change in a day)
4. Stock price less than $50
5. If the profit $200 in a day, using $15,000 investment is decent non-work income
6. average @ 4-5 trades per month
7. US only stocks - gives some level of focus
8. One should at the minimum know the name of the company prior to buying
9. Local company - even better
10. Buy in the morning to get enough time to sell
11. Sell initiate right away - review at 15-30 minutes before close and sell
12. One must be prepared to hold the stock for long time, if needed

Well, let us see how good these rules hold.

Day Trading - Wikipedia

1. http://en.wikipedia.org/wiki/Bid-offer_spread
2. http://en.wikipedia.org/wiki/Scalping_(trading)
3. http://en.wikipedia.org/wiki/Pump_and_dump
4. http://en.wikipedia.org/wiki/Short_and_distort
5. 'Dump and Dilute' that PINK:PRXM did 1:100 in May 17, 2010. Stock tumbled from $16.5o to $11.10 on June 15th, 2010.
6. http://en.wikipedia.org/wiki/Microcap_stock_fraud
7. http://en.wikipedia.org/wiki/Market_manipulation

• http://allpennystocks.com/aps_us/index.aspx
• http://www.redchip.com/home.aspx

Contactless payment by Bling Nation

Contactless payment by Palo Alto based Bling Nation is having marketing push. Don't know how the veteran / pioneer in this domain, VivoTech, are doing on it these days.

Bling Nation dopes not seem to have their own web site. It is redirecting to Facebook.

City of Palo Alto accepts Bling payments.

Trading Terminology - what do they mean

http://www.marketintellisearch.com/articles/1052480.html

Interesting Options Volume for Brocade Communications Systems (BRCD)

NEW YORK (Market Intellisearch) -- BRCD options saw interesting call activity today. A total of 2,742 put and 13,281 call contracts were traded raising a low Put/Call volume alert. Today's traded Put/Call ratio is 0.21. There were 4.84 calls traded for each put contract.

Put/Call ratio is often used to measure investment sentiment, the ratio serves as a predictor of investor behavior. Unusual options volume provides reliable clues that the stock is expected to make a move.

Brocade Communications Systems closed at $5.72 in the last trading session and opened today at $5.72. The stock price declined $0.04 (-0.70%) to $5.68 in today's trading session. BRCD is trading between the range of $5.62 - $5.77. Volume is 8,945,539 in relation to the three month average volume of 12,867,300 shares. BRCD is trading above the 50 day moving average and lower than the 200 day moving average. The stock's 52 week low is $4.64 and 52 week high is $9.84.

Compare Testing: Data Driven vs Action Driven

	Record-Playback	Data-Method Driven	Action Driven
Time to Market	Low	Medium	High
Learning Curve	Low	High	Medium
Maintenance	High	High	Low
Code Reuse	Low	Medium	High
Tool independence	No	No	Yes
Division of Labor	No	No	Yes
Abstraction Layer	No	No	Yes

one Possible growth path

1. Develop great product
2. Work with partners
3. Add Marketing
4. International markets

Day Trading

Some of the criteria while picking the stock/volume for day trading

1. You must be prepared to hold the stock, if not able to sell
2. Options can come in handy if you are not ready to hold
3. You want the stock to fluctuate rapidly and widely in percentage of the stock value
4. Look for the charges for trading. You must try to make more than the trading charges (otherwise, your value will erode just because of your trading activity).
5. Pick more number as compared to larger per stock value
6. 
   

Large Cap Companies

Name Symbol Last price Sector Industry Citigroup Inc. C 3.88 Financial Money Center Banks Bank of America Corporation BAC 13.28 Financial Money Center Banks Wells Fargo & Company WFC 25.1 Financial Money Center Banks JPMorgan Chase & Co. JPM 38.16 Financial Money Center Banks General Electric Company GE 15.15 Financial Consumer Financial Services HSBC Holdings plc (ADR) HBC 50.36 Financial Regional Banks Pfizer Inc. PFE 16.4 Healthcare Major Drugs Merck & Co., Inc. MRK 35.35 Healthcare Major Drugs GlaxoSmithKline plc (ADR) GSK 38.95 Healthcare Major Drugs Vodafone Group Plc (ADR) VOD 24.35 Services Communications Services AT&T Inc. T 27.4 Services Communications Services Wal-Mart Stores, Inc. WMT 51.76 Services Retail (Department and Discount) Hewlett-Packard Company HPQ 39.68 Technology Computer Hardware Intel Corporation INTC 18.28 Technology Semiconductors Cisco Systems, Inc. CSCO 20.52 Technology Communications Equipment Oracle Corporation ORCL 22.48 Technology Software and Programming Microsoft Corporation MSFT 23.94 Technology Software and Programming